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20130417
20130417
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
to technology. as intel and yahoo shows an increase. >> are red flags being raised on one part of the recovery. >> and gold rush, what are individuals doing now with the metal's prices fl s fluctuating. i'm bill, in for tyler matheson, another big day for the markets. but we have two numbers that will set the tone for tomorrow. >> we are talking technology now for a change. a tale of two different earnings stories. yahoo surged 36% and intel fell 26%. they are the first batch of conditi companies reporting. intel earned 40% a share. revenues fell 2% to $12.6 billion, slightly better than expected. but the company said that revenues in the current quarter will come in higher than forecast, so their shares jumped as much as 2% after trading. yahoo earned a 38% a share. 14 cents more than expected and revenues came in below estimates at $1 billion and the company reported a drop in display advertising. yahoo shares tumbled in after hours trading. >>> on the heels of the mixed results, there's another technology giant set to report next week that may reveal about the shift about with consumers to
of tuesday's games. all 10 s&pectors lower with technology and financial seeing the biggest declines. the dow still fell by 138 points, closing the day at 14,618. the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production iphones d ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key commodities like copper, aluminum and nickel were again dropping at essentially 52-week lows, all on concerns out slowing global growth. key commodities hit 52-week lows as well. and while commodity stocks like materials and energy suffered, there were also notable decline in industrials and in financials like bank of america which missed earnings estimates. and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipa
. joining us now to talk about the earnings from intel and yahoo and the out look for the technology sector. is the portfolio manager of the t-rowe price technology fund. the thing that ties the companies egg together, they are about two companies trying to reinvent themselves. in the case of intel, does it have what it takes to reinvent itself, and jump start the company. and in the case of yahoo, is the turn around strategy works? >> thank you for having me on. it's nice to be with you. you hit the nail on the head, both are reinvention stories. -- intel, the segment that they sell into, the pcs are under a lot of pressure. i smiled in the segment leading into this. people are not using their pcs as much as they did in the past. so, i think intel does have what it takes to turn around eventually but it will be a slow process to establish themselves in the smartphone and tablet market. yahoo is going through a turn around and what we saw this quarter was not much evidence of a fundamental turn around in yahoo's business with revenues down a bit year on year, so tato one is still on the com
Search Results 0 to 3 of about 4 (some duplicates have been removed)